Via Scoop.it – Charlotte Real Estate
WASHINGTON, DC, Feb 22, 2012 (MARKETWIRE via COMTEX) — Existing-home sales rose in January, marking three gains in the past four months, while inventories continued to improve, according to the National Association of Realtors®. Total existing-home sales(1), which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 4.3 percent to a seasonally adjusted annual rate of 4.57 million in January from a downwardly revised 4.38 million-unit pace in December and are 0.7 percent above a spike to 4.54 million in January 2011.
Via www.marketwatch.com